METROCITY BANKSHARES INC (MCBS) Stock Technical Analysis
NASDAQ:MCBS - Nasdaq - US59165J1051 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MCBS. MCBS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MCBS is one of the lesser performing stocks in the Banks industry. 60% of 396 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, MCBS outperforms 66% of them, which is more or less in line with the market.
MCBS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MCBS is lagging the market slightly.
In the last month MCBS has a been trading in the 27.01 - 29.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MCBS has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.08
30.58
When analyzing the support we notice one important area.
- A support zone ranging from 25.33 to 25.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.01 to 29.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.28 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.24
Mansfield-0.68
10 Day High29.89
10 Day Low27.96
20 Day High29.89
20 Day Low27.01
52 Week High36.15
52 Week Low23.27
Performance
1 Week-4.26%
2 Weeks-0.25%
1 Month-1.09%
3 Month-6.43%
6 Month-20.28%
12 Month12.49%
2 Year71.03%
3 Year38.36%
5 Year143.08%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)47.21
LBB27.75
UBB29.83
28.1
-0.76 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.63%
1 Week-4.26%
2 Weeks-0.25%
1 Month-1.09%
3 Month-6.43%
6 Month-20.28%
12 Month12.49%
2 Year71.03%
3 Year38.36%
5 Year143.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.45%
ATR Inc-1.8%
Range Today0.64
ADR(20)0.62
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.24
Mansfield-0.68
10 Day High29.89
10 Day Low27.96
20 Day High29.89
20 Day Low27.01
52 Week High36.15
52 Week Low23.27
CS1 End25.68
CR1 Start29.01
Volume & EV
DER(3)-1.84%
DER(5)-1.63%
Volume25.00K
Volume Incr-36.83%
Vol(5)22.82K
Vol(50)39.42K